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Technology Stocks : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Probart who wrote (4503)	3/28/2001 3:53:53 PM
From: David E. Taylor	Respond to of 6784

Probart: Don't ask me - I thought it was a good buy at $20, then at $16. If I had cash to spare, I'd buy here, and maybe be wrong again! David T.

To: Probart who wrote (4503)	3/28/2001 4:43:50 PM
From: David E. Taylor	Read Replies (1) \| Respond to of 6784

Probart: 133 million shares changed hands today, around 24% of the share base. Institutional ownership was around 61% on 12/31, today's total volume and volume of large block trades looks like institutional holdings changing hands at MM arranged $8 +/-. I'd wait a couple of days until volume drops back to something more normal - say under 20 million - to see what trading range develops before jumping in. Now that my $$ weighting in Palm is much lower than it was, I'm thinking of buying some more myself, since I still believe the handheld market will continue to experience high growth, and I still have confidence in the company and its business plan. With the new VIIx replacement in the second half with "always on" E-Mail and instant messaging, the entire product line will have been turned over, the SD expansion slot has been introduced in the the new models, wireless capability is available on all models, Kyocera and Samsung OS royalties will start to flow in addition to those from Handspring, Sony et al, and hopefully Palm.net revenues will take off as the large number of VIIx's are sold and users sign up. The reasons for buying into this company haven't changed, and it's now on sale at the cheapest price its ever been. I'm still going to give it a few days though to see where it settles down. Plus have to find some cash from somewhere, since I'm sworn off margin buying for a while! David T.